Darden plan may hinder real estate deal, activist says
Darden Restaurants Inc.’s plan to split off Red Lobster could prevent the company from unlocking the $4 billion of value trapped in its real estate holdings.
View ArticleRed Lobster spinoff called ‘bad idea’
Starboard Value LP Chief Executive Officer Jeff Smith said his activist fund continues to fight Darden Restaurants Inc.’s plan to separate its Red Lobster chain
View ArticleDarden to sell Red Lobster, hold onto Olive Garden
Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden’s fortunes.
View ArticleJust Sold: Red Lobster chain sale includes MN real estate
The Red Lobster restaurant at 12515 Elm Creek Blvd. in Maple Grove sold for $3.569 million and became part of one of the most anticipated deals in the nation’s restaurant industry this year.
View ArticleDarden restaurants to break off its real estate in REIT deal
Darden Restaurants Inc.will split off about 430 properties and transfer them to a real estate investment trust.
View ArticleStuartCo, United seek TIF for Bloomington project
Affordable apartments, hotel anticipated
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